My wife and I are looking into investing in short term rentals in vacation markets surrounding NYC (Catskills, Adirondacks, Poconos, etc) and just wanted to check if anyone here might have some insights they could share.

In any building that allows short term rentals, you will have a majority of the owners doing STR. 

First unit lease is up for renewal on 10/31/2024 and has a good long term tenant.

Suing someone is not a guarantee of success.

So, I am allowed to do the 150’ expansion, as long as it accommodates ingress/egress.  

Total cost significantly below their current monthly rent.3- If you have to 'give them' to the current tenant to get them off your books then do if it makes sense long term.  4- Don't do purchase contracts longer than 18   months. 

Have your terms together on what type of return youre looking to get.....I would pitch this at a REIA meetup and funds....

How are long term rentals doing?

7 land flips, 2 purchases for long term rentals and 2 wholesale deal closed.

We are thinking that a Hipcamp would do very well because there aren't any good ones locally and we've already had success with short term rentals.The land is $125,000 and we don't have the financial ability to purchase it or do a down payment right now.